We expect a $290 movement on EURUSD within 2 hours following the release of NAB Business Confidence at 09 Mar 11:30. We expect EURUSD to trend upwards 2 hours following the event release at 09 Mar 11:30 if the released value is < 11. A price movement of 29 pips is expected. Historical events that allowed us to draw this conclusion

11 Aug 11:30	14 Apr 11:30
10 Mar 12:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).